2109 Pacific Avenue, Long Beach, CA 90806

$1,300,000
List Price
$1,300,000
Status
ACTIVE
MLS#
PW21253519
Year Built
1947
Lot Size
9,408
Acres
0.22
Lot Location
Item25UnitsAcre, Flat
Days on Market
7
Property Type
Commercial
Property Sub Type
Retail

Property Description

We are pleased to present 2109-2115 Pacific Ave. This retail building is in a prime location on the intersection of Pacific Ave. and 21st St. and is an amazing investment opportunity for any investor. This property is situated on a large 9,407 SF lot with a building area of 4,519 SF and is zoned CNP which is one of the most flexible zoning codes allowing for a plethora of uses. 2109-2115 Pacific Avenue consists of four storefront commercial spaces, five storage units, and five garage units. Located within the opportunity zone providing tax incentives for investors. The current tenants include a Church, cookware store, a beauty salon, and a bar. All tenants have been there for years and are current on their rent.

Additional Information

Taxes
$16,250
Heat
Forced Air
Roof
Flat
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$92,400
Operating Expense
20726

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Juan Huizar from Sage Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.